The buyer of a cap has a position similar to that of a buyer of a call on LIBOR, both of whom benefit when interest rates rise. Because an interest rate cap is a multi-period agreement, a cap is actually a portfolio of call options on LIBOR called caplets. For example, the 2-year cap discussed above is actually a portfolio of eight interest rate options with different maturity dates.
call on Libor，是买了个什么？谢谢！作者: adjani.zhang 时间: 2016-5-19 15:07
